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Permian Basin Formation in New Mexico

23,429 wells across 537 active operators, with 7,227 drilling permits filed in the last 24 months.

Refreshed monthly from NMOCD well-header records. Data current as of 2026-08-09.

Quick answer: The Permian Basin formation in New Mexico has 23,429 wells on record across 537 active operators, with 7,227 drilling permits filed in the last 24 months (as of 2026-08-09). Its most active operators by well count are EOG Resources, Devon Energy Production Company, Mewbourne Oil Company, Oxy and XTO Energy. Compiled from New Mexico Oil Conservation Division (NMOCD) well-header records, refreshed monthly.

Total Wells
23,429
Active Operators
537
Total Lateral
20,507 miles
Permits (24mo)
7,227

Top Operators in the Permian Basin (New Mexico)

The operators with the most well counts targeting the Permian Basin formation in New Mexico:

#OperatorWells in Permian Basin
1 Eog Resources 2,735
2 Devon Energy Production Company 1,844
3 Mewbourne Oil Company 1,729
4 Oxy 1,636
5 Xto Energy 1,429
6 Permian Resources Operating LLC 1,305
7 Matador Production Company 1,190
8 Coterra Energy INC 1,126
9 Chevron 870
10 Cog Operating 688

Primary New Mexico Counties for the Permian Basin

The New Mexico counties with the most Permian Basin activity:

Lea, Eddy, Chaves, Roosevelt, De Baca

Recent Permian Basin Drilling Permits in New Mexico

The most recent 100 drilling permits filed for Permian Basin wells in New Mexico:

Permit DateWellAPICountyOperatorLateral (ft)
2026-08-07 Hazel Inez 08 32 Federal Com #134h 3002556592 Lea Matador Production Company
2026-08-07 Hazel Inez 08 32 Federal Com #213h 3002556594 Lea Matador Production Company
2026-08-07 Hazel Inez 08 32 Federal Com #227h 3002556595 Lea Matador Production Company
2026-08-07 Hazel Inez 08 32 Federal Com #207h 3002556593 Lea Matador Production Company
2026-08-07 Hazel Inez 08 32 Federal Com #133h 3002556591 Lea Matador Production Company
2026-08-06 Nash Unit #904h 3001558736 Eddy Exxonmobil
2026-08-06 Nash Unit #718h 3001558730 Eddy Exxonmobil
2026-08-06 Nash Unit #715h 3001558728 Eddy Exxonmobil
2026-08-06 Nash Unit #902h 3001558734 Eddy Exxonmobil
2026-08-06 Nash Unit #716h 3001558726 Eddy Exxonmobil
2026-08-06 Nash Unit #507h 3001558723 Eddy Exxonmobil
2026-08-06 Nash Unit #717h 3001558724 Eddy Exxonmobil
2026-08-06 Nash Unit #903h 3001558735 Eddy Exxonmobil
2026-08-06 Nash Unit #907h 3001558721 Eddy Exxonmobil
2026-08-06 Nash Unit #905h 3001558719 Eddy Exxonmobil
2026-08-06 Nash Unit #816h 3001558732 Eddy Exxonmobil
2026-08-06 Le Mans 2419 State Com #131h 3001558722 Eddy Permian Resources Operating LLC
2026-08-06 Nash Unit #906h 3001558720 Eddy Exxonmobil
2026-08-06 Nash Unit #814h 3001558727 Eddy Exxonmobil
2026-08-06 Nash Unit #714h 3001558729 Eddy Exxonmobil
2026-08-06 Le Mans 2419 State Com #132h 3001558725 Eddy Permian Resources Operating LLC
2026-08-06 Prairie Fire 25 26 Federal Com #913h 3001558731 Eddy Devon
2026-08-05 Getty 5 Federal Com #207h 3002556582 Lea Eog
2026-08-05 Getty 5 Federal Com #403h 3002556587 Lea Eog
2026-08-05 Getty 5 Federal Com #108h 3002556581 Lea Eog
2026-08-05 Getty 5 Federal Com #208h 3002556583 Lea Eog
2026-08-05 Getty 5 Federal Com #401h 3002556586 Lea Eog
2026-08-05 Getty 5 Federal Com #106h 3002556579 Lea Eog
2026-08-05 Getty 5 Federal Com #104h 3002556578 Lea Eog
2026-08-05 Nash Unit #817h 3001558717 Eddy Exxonmobil
2026-08-05 Getty 5 Federal Com #302h 3002556585 Lea Eog
2026-08-05 Getty 5 Federal Com #107h 3002556580 Lea Eog
2026-08-05 Nash Unit #818h 3001558718 Eddy Exxonmobil
2026-08-05 Zn 33 28 Federal State Com #622h 3002556588 Lea Chevron
2026-08-05 Getty 5 Federal Com #301h 3002556584 Lea Eog
2026-08-04 Lead Belly 35 32 Federal Com #624h 3001558698 Eddy Mewbourne Oil Company
2026-08-04 Lead Belly 35 32 Federal Com #523h 3001558697 Eddy Mewbourne Oil Company
2026-08-04 James Ranch Unit Di 1a Waterton #111h 3001558702 Eddy Exxonmobil
2026-08-04 Getty 5 Federal Com #742h 3002556576 Lea Eog
2026-08-04 James Ranch Unit Di 1a Waterton #802h 3001558704 Eddy Exxonmobil
2026-08-04 James Ranch Unit Di 1a Waterton #901h 3001558706 Eddy Exxonmobil
2026-08-04 James Ranch Unit Di 1a Waterton #804h 3001558705 Eddy Exxonmobil
2026-08-04 Nash Unit #815h 3001558700 Eddy Exxonmobil
2026-08-04 Nash Unit #901h 3001558701 Eddy Exxonmobil
2026-08-04 Keystone 6 Federal Com #207h 3002556573 Lea Eog
2026-08-04 Keystone 6 Federal Com #203h 3002556572 Lea Eog
2026-08-04 James Ranch Unit Di 1a Waterton #801h 3001558703 Eddy Exxonmobil
2026-08-04 Keystone 6 Federal Com #202h 3002556571 Lea Eog
2026-08-04 Getty 5 Federal Com #741h 3002556575 Lea Eog
2026-08-04 Keystone 6 Federal Com #306h 3002556574 Lea Eog

Permian Basin DUCs (Drilled, Uncompleted Wells) in New Mexico

Wells targeting the Permian Basin that have been spudded but are waiting on completion — near-term production upside:

Spud DateDays WaitingWellOperatorCountyLateral (ft)
2026-07-31 8 Olive Won Unit #122h Oxy Eddy 6,518
2026-07-31 8 Poker Lake Unit 15 34 Bd #306h Xto Energy Eddy
2026-07-31 8 Weller 21 16 Federal Com #275h Chevron Eddy 9,421
2026-07-31 8 Speedmaster 30 Federal Com #501h Coterra Energy INC Lea 10,206
2026-07-31 8 Merciless 13 Federal Com #213h Eog Resources Lea
2026-07-31 8 King Harvest 4 3 Federal Com #626h Mewbourne Oil Company Eddy
2026-07-31 8 Dama Dorada 1 3 Federal Com #523h Mewbourne Oil Company Eddy
2026-07-31 8 Bilbrey 34 27 Federal Com #314h Mewbourne Oil Company Lea
2026-07-31 8 Buffalo Thunder 9 11 Federal Com #821h Mewbourne Oil Company Eddy
2026-07-31 8 Frizzle Fry Federal Com #603h Marathon Oil Company Lea
2026-07-31 8 Maude South 13 14 #004h Riley Permian Operating Eddy 6,015
2026-07-31 8 Pure Gold Mdp1 29 17 Federal Com #021h Oxy Eddy 12,478
2026-07-31 8 Electra Special 0310 Federal Com #114h Matador Production Company Lea 10,336
2026-07-31 8 Nugget 6 31 Federal Com #004h Oxy Eddy 5,747
2026-07-31 8 Cotton Draw 25 36 Federal Com #718h Devon Energy Production Company Eddy 10,223
2026-07-31 8 Mr 2 State Com #610h Chevron Lea 5,075
2026-07-31 8 Cat Lanta 16 4 Federal Com #811h Devon Energy Production Company Eddy 15,491
2026-07-31 8 Mr 2 State Com #607h Chevron Lea 4,838
2026-07-31 8 Vindicator Canyon State Unit Com #415h Bta Oil Producers Lea
2026-07-31 8 Roberne Federal #102h Matador Production Company Lea 4,605
2026-07-31 8 Paloma 28 21 Federal Com #303h Avant Operating Ii, LLC Lea
2026-07-31 8 Dingo Federal Com #121h Civitas Permian Operating LLC Lea 8,059
2026-07-31 8 Lost Tank 30 19 Federal Com #011h Oxy Lea 10,248
2026-07-31 8 Now I Won 25 24 Federal Com #011h Oxy Eddy 9,943
2026-07-30 9 Dee Osborne 1930 State Com #111h Matador Production Company Lea
2026-07-29 10 Joker 5 8 Federal Com #132h Permian Resources Operating LLC Lea
2026-07-28 11 Bane 4 Federal Com #131h Permian Resources Operating LLC Lea
2026-07-28 11 Joker 5 8 Federal Com #201h Permian Resources Operating LLC Lea
2026-07-28 11 Dee Osborne 1930 State Com #101h Matador Production Company Lea
2026-07-27 12 Bane 4 Federal Com #132h Permian Resources Operating LLC Lea

About the Permian Basin Formation in New Mexico

The Permian Basin is one of New Mexico's active oil and gas plays, with 23,429 wells on file across 537 distinct operators of record. Operators have filed 7,227 drilling permits targeting the Permian Basin in the last 24 months — a measure of how active the play is right now versus its historical baseline.

For mineral owners with interests in Lea, Eddy, Chaves, Roosevelt, De Baca, knowing whether your tract sits within an active Permian Basin footprint is a foundational valuation question. Active formations with consistent permit flow command premium pricing; legacy formations with steady but declining production are valued differently.

See all New Mexico oil & gas formations & plays  ·  Download the New Mexico formations dataset (CSV)

Frequently Asked Questions

How many wells target the Permian Basin formation in New Mexico?

23,429 wells target the Permian Basin in New Mexico, worked by 537 active operators, per NMOCD well-header records (as of 2026-08-09).

Who are the top operators in the Permian Basin in New Mexico?

By well count, the most active Permian Basin operators in New Mexico are EOG Resources, Devon Energy Production Company, Mewbourne Oil Company, Oxy and XTO Energy. The full ranking is in the table on this page.

How active is the Permian Basin formation right now?

Operators filed 7,227 drilling permits targeting the Permian Basin in the last 24 months, and there are 50 drilled-but-uncompleted (DUC) wells awaiting completion — a live measure of current activity, per NMOCD records.

Is there active drilling in the Permian Basin in New Mexico?

Operators filed 7,227 new drilling permits targeting the Permian Basin in New Mexico over the last 24 months, with 50 drilled-but-uncompleted (DUC) wells awaiting completion. New permits and spuds are the clearest signal of active Permian Basin drilling, per NMOCD records (as of 2026-08-09).

What is the current Permian Basin activity in New Mexico?

Permian Basin activity in New Mexico currently spans 23,429 wells on record and 537 active operators, led by EOG Resources, Devon Energy Production Company, Mewbourne Oil Company, Oxy and XTO Energy, with 7,227 drilling permits filed in the last 24 months — refreshed monthly from New Mexico Oil Conservation Division (NMOCD) well-header records (as of 2026-08-09).

Which New Mexico counties have the most Permian Basin activity?

The most active Permian Basin counties in New Mexico are Lea, Eddy, Chaves, Roosevelt, De Baca.

How do I find out what my Permian Basin mineral rights are worth?

Value depends on your net mineral acres or royalty decimal, the operator, the remaining drilling locations, and current oil and gas prices. Buckhead Energy checks your tract against current Permian Basin well and permit data and puts a free, no-obligation written offer in writing — this page is informational only, not a valuation.

Cite this dataset

Permanently archived and citable via a DOI on Zenodo (CERN), under a CC BY 4.0 license. DOI: 10.5281/zenodo.21442884  ·  View on Zenodo

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License & attribution: This data is licensed CC BY 4.0. You are free to share and adapt it, including commercially, provided you credit “Buckhead Energy” and link back to this page or the DOI above.

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Quick Stats

Formation: Permian Basin

State: New Mexico

Total wells: 23,429

Active operators: 537

Permits 24mo: 7,227

Last refresh: 2026-08-09

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